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LEGN Stock Chart & Stats
$21.30
-$3.26(-14.67%)
At close: 4:00 PM EDT
$21.30
-$3.26(-14.67%)
Day’s Range― - ―
52-Week Range$16.24 - $37.50
Previous CloseN/A
Volume4.96M
Average Volume (3M)2.26M
Market Cap
$3.61B
Enterprise Value$4.91B
Total Cash (Recent Filing)$964.63M
Total Debt (Recent Filing)$278.21M
Price to Earnings (P/E)―
Beta0.63
Next Earnings
Nov 17, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.50
Shares Outstanding194,488,420
10 Day Avg. Volume2,137,714
30 Day Avg. Volume2,257,749
Financial Highlights & Ratios
PEG Ratio-0.21
Price to Book (P/B)4.00
Price to Sales (P/S)3.89
P/FCF Ratio-23.85
Enterprise Value/Market Cap1.36
Enterprise Value/Revenue3.86
Enterprise Value/Gross Profit6.83
Enterprise Value/Ebitda2.39K
Forecast
1Y Price Target
$44.01Price Target Upside106.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)-0.05
Revenue Forecast (FY)$1.43B
Bulls Say, Bears Say
Bulls Say
CARVYKTI Commercial GrowthRapid CARVYKTI sales growth and broader treatment-center reach indicate strengthening commercial adoption across geographies and earlier treatment lines. This expanding base can support durable revenue growth and operating leverage as the partnered franchise scales further.
In Vivo CAR-T Platform AdvancementFDA clearance moves LB2501 from promising early research into U.S. clinical development, validating Legend’s in vivo cell-engineering platform. If execution continues, the program could broaden the pipeline beyond CARVYKTI and create additional long-term growth options.
Liquidity And LeverageSubstantial liquidity and no long-term debt provide financial flexibility to fund operations, clinical development, and commercialization while the company scales. The stronger capitalization also reduces balance-sheet pressure during the transition toward sustained profitability.
Bears Say
Persistent Cash BurnNegative operating and free cash flow show that reported revenue growth and improving earnings have not yet translated into durable cash generation. Continued outflows can require reliance on liquidity or external financing until profitability converts into sustainable cash flow.
Partnered-product ConcentrationHeavy reliance on one partnered product leaves Legend exposed to changes in CARVYKTI demand, collaboration economics, milestone timing, and the partner relationship. Limited marketed-product diversification makes sustained company growth closely tied to this franchise.
Bispecific CompetitionCompeting bispecific therapies may influence treatment sequencing and reduce or delay CARVYKTI use in some patient segments. This creates a durable commercial risk to franchise expansion, particularly where physicians weigh CAR-T against increasingly capable alternatives.
LEGN FAQ
What was Legend Biotech Corporation’s price range in the past 12 months?
Legend Biotech Corporation lowest stock price was $16.24 and its highest was $37.50 in the past 12 months.
What is Legend Biotech Corporation’s market cap?
Legend Biotech Corporation’s market cap is $3.61B.
When is Legend Biotech Corporation’s upcoming earnings report date?
Legend Biotech Corporation’s upcoming earnings report date is Nov 17, 2026 which is in 27 days.
How were Legend Biotech Corporation’s earnings last quarter?
Legend Biotech Corporation released its earnings results on Aug 11, 2026. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.056 by $0.034.
Is Legend Biotech Corporation overvalued?
According to Wall Street analysts Legend Biotech Corporation’s price is currently Undervalued.
Does Legend Biotech Corporation pay dividends?
Legend Biotech Corporation does not currently pay dividends.
What is Legend Biotech Corporation’s EPS estimate?
Legend Biotech Corporation’s EPS estimate is >-0.01.
How many shares outstanding does Legend Biotech Corporation have?
Legend Biotech Corporation has 194,488,420 shares outstanding.
What happened to Legend Biotech Corporation’s price movement after its last earnings report?
Legend Biotech Corporation reported an EPS of $0.09 in its last earnings report, beating expectations of $0.056. Following the earnings report the stock price went up 5.663%.
Which hedge fund is a major shareholder of Legend Biotech Corporation?
Currently, no hedge funds are holding shares in LEGN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Legend Biotech Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$44.01 (106.62% Upside)
$44.01 (106.62% Upside)
Blogger Sentiment
Bullish
LEGN Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 2.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $308.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.23%
12-Months-Change
Fundamentals
Return on Equity
-8.70%
Trailing 12-Months
Asset Growth
3.61%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Legend Biotech Corporation
Legend Biotech Corporation, through its subsidiaries, operates as a biopharmaceutical company that discovers, develops, manufactures, and commercializes novel cell therapies for oncology and other indications in the United States, China, and Europe. Its lead product candidate is ciltacabtagene autoleucel, or cilta-cel, which is a chimeric antigen receptor (CAR-T) therapy for the treatment of multiple myeloma (MM). The company also has a portfolio of earlier-stage autologous CAR-T product candidates targeting various cancers, including acute lymphoblastic leukemia, gastric cancer, esophageal cancer, pancreatic cancer, colorectal cancer, small cell lung cancer, and non-small cell lung cancer. In addition, it develops allogeneic gamma delta CAR-T and allogeneic CAR-NK product candidates targeting B-cell maturation antigen (BCMA) for MM, which are in investigator-initiated Phase 1 clinical trials in China. The company has a collaboration and license agreement with Janssen Biotech, Inc. for the development and commercialization of cilta-cel, as well as a license agreement with Novartis Pharma AG for the development, manufacture, and commercialization of CAR-T cell therapies targeting delta-like ligand protein 3. Legend Biotech Corporation was founded in 2014 and is headquartered in Somerset, New Jersey.
LEGN Company Deck
LEGN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong commercial momentum for CARVYKTI (50% YoY sales growth to ~$657M, double-digit sequential growth), a milestone move to company-wide profitability with improving operating margins, robust liquidity (~$965M) and encouraging early in vivo and DLL3 clinical data (notably LB2501 dose cohort results). Management emphasized disciplined cost control and a clear financial plan while pursuing an IND for LB2501 by year-end. Key near-term challenges include leadership transition, gross margin volatility due to outpatient mix, a materially higher tax expense, ongoing competition from bispecific agents and the early-stage nature of some in vivo data. On balance, the positives (strong sales, profitability milestone, cash runway, and promising clinical readouts) materially outweigh the identified risks.View all LEGN earnings summariesLEGN Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$44.01
▲(106.62% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
0.93% Insiders
13.19% Mutual Funds
0.02% Other Institutional Investors
82.38% Public Companies and
Individual Investors










